Is NATURAL RESOURCE PARTNERS LP (NRP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 9.1% / 30% | 2.0% / 30% | 2.0% / 30% | 9.34% / 5% | ✗ NOT HALAL |
| DJIM | 9.1% / 33% | 2.0% / 33% | 2.0% / 33% | 9.34% / 5% | ✗ NOT HALAL |
| MSCI | 18.4% / 33% | 3.9% / 33% | 4.1% / 33% | 9.34% / 5% | ✗ NOT HALAL |
| S&P | 9.1% / 33% | 2.0% / 33% | 2.0% / 33% | 9.34% / 5% | ✗ NOT HALAL |
| FTSE | 18.4% / 33% | 3.9% / 33% | 4.1% / 50% | 9.34% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 88.2% | |
| Operating Margin | 69.9% | |
| Net Margin | 66.0% | |
| Return on Equity (ROE) | 23.0% | |
| Return on Assets (ROA) | 11.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $166M |
| Free Cash Flow | $166M |
| Total Debt | $33M |
| Debt-to-Equity | 5.9 |
| Current Ratio | 1.8 |
| Total Assets | $748M |
Price & Trading
| Last Close | $125.06 |
| 50-Day MA | $120.24 |
| 200-Day MA | $107.08 |
| Avg Volume | 45K |
| Beta | 0.2 |
|
52-Week Range
$86.83
| |
About NATURAL RESOURCE PARTNERS LP (NRP)
Natural Resource Partners L.P., together with its subsidiaries, owns, manages, and leases a portfolio of mineral properties in the United States. It operates in two segments, Mineral Rights and Soda Ash. It owns interests in coal, soda ash, trona, and other natural resources. The company's coal reserves are primarily located in the Appalachia Basin, the Illinois Basin, and the Northern Powder River Basin in the United States; industrial minerals and aggregates properties located in the United States; and oil and gas properties located in Louisiana. It leases a portion of its reserves in exchange for royalty payments; and owns and leases transportation and processing infrastructure related to coal properties. Natural Resource Partners L.P. was incorporated in 2002 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is NATURAL RESOURCE PARTNERS LP (NRP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), NATURAL RESOURCE PARTNERS LP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is NATURAL RESOURCE PARTNERS LP's debt ratio?
NATURAL RESOURCE PARTNERS LP's debt ratio is 9.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 18.4%.
What are NATURAL RESOURCE PARTNERS LP's key financial metrics?
NATURAL RESOURCE PARTNERS LP has a market capitalization of $1.6B, trailing P/E ratio of 12.4, and revenue of $202M. The company maintains a gross margin of 88.2% and a net margin of 66.0%. Return on equity stands at 23.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.